40 Melchionna Road, Montauk, NY

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A rare opportunity set at one of the highest elevations in Montauk, this approximately 15 acre+/- offering presents the scale and flexibility to create an extraordinary private estate in one of the area's most compelling settings. Comprised of three buildable lots with a 3.58 acre+/- private gated road and driveway, the property combines significant development potential with established equestrian grounds, protected surroundings, and sweeping water views. The largest of the three lots, at 40 Melchionna Road, is improved with an existing three-bedroom, two-bath residence, while the two additional lots remain vacant, allowing for a range of possibilities. The acreage could accommodate a substantial new main residence, evolve into a multi-residence compound, or be maintained as an expansive private retreat. From its elevated position, the property enjoys panoramic vistas with water visible in every direction. To the north, the property abuts approximately 900 acres of protected state land, providing a remarkable natural backdrop and helping preserve the privacy and unobstructed character of the setting. Its established equestrian infrastructure includes two expansive fenced paddocks, each with water service for troughs and existing barns, as well as a large, fenced training ring with an additional lean-to barn and attached tack and feed room. The property's connection to Montauk's preserved landscape is equally remarkable, with direct access to trails that wind through Montauk County Park and into Montauk Point State Park. Together, these protected lands encompass more than 2,000 acres+/-, creating an exceptional setting for horseback riding, hiking, and exploring the natural beauty of Montauk. With three buildable lots, existing equestrian facilities, direct access to hundreds of acres of preserved land and trails, and panoramic water views from one of Montauk's most elevated settings, the property represents an increasingly rare opportunity to create a private legacy estate of exceptional scale and character.